Gontermann-Peipers (India) Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income from operations (net) was INR 197.890 million against INR 342.453 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 23.666 million against INR 59.191 million a year ago. Loss from ordinary activities before tax was INR 70.888 million against INR 110.105 million a year ago. Net profit for the period was INR 49.004 million or INR 2.20 basic and diluted per share (not annualized) against INR 76.824 million or INR 4.40 diluted per share (not annualized) a year ago.

For the nine-month period, the company reported total income from operations (net) was INR 728.135 million against INR 1,189.300 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 86.006 million against INR 128.931 million a year ago. Loss from ordinary activities before tax was INR 231.389 million against INR 274.597 million a year ago. Net loss for the period was INR 153.087 million or INR 6.88 basic and diluted per share (not annualized) against INR 137.462 million or INR 6.00 diluted per share (not annualized) a year ago.